EVgo Q3 GAAP EPS $(0.09) Beats $(0.21) Estimate, Sales $35.11M Beat $29.94M Estimate
Portfolio Pulse from Benzinga Newsdesk
EVgo (NASDAQ:EVGO) reported Q3 GAAP EPS of $(0.09), beating the estimate of $(0.21) by 57.14%. This is a 52.63% increase over losses from the same period last year. The company also reported quarterly sales of $35.11M, beating the estimate of $29.94M by 17.26%. This is a 234.07% increase over sales from the same period last year.
November 08, 2023 | 12:02 pm
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POSITIVE IMPACT
EVgo's Q3 earnings beat estimates, with a significant increase in sales and reduced losses compared to the same period last year.
EVgo's better-than-expected Q3 earnings report, with increased sales and reduced losses, is likely to have a positive impact on its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100